Filed under: Scandals Bernard Madoff has become one of the most infamous non-violent people in the history of the world for operating the largest Ponzi scheme ever, widely quoted at something like $50 billion. But some experts say that the number is exaggerated, and suggest that the actual figure co...

If Bernie Madoff's alleged $50 billion Ponzi scheme screwed you over, it's time to get in line to make your claim....

and we would be surprised by this because...? In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of S...

Sunday Afternoon News Roundup Although Israel’s Prime Minister Ehud Olmert has stated that his country is close to achieving its objective, it is hard for me to imagine what that objective is. If the objective is chaos, starvation and causing more Palestinians to hate you intensely, then perha...

The Jews have Bernard Madoff and now the Catholics have Richard S. Piccoli in the latest despicable chapter of "f%^&ing your own". Piccoli, 82 , of Amherst, New York, a poor man's version of Bernard Madoff who even bears an odd resemblance, was charged on January 8, 2009 with running a multi-...

Today prosecutors sought to have admitted Ponzi scheme artist Bernard Madoff jailed until his trial. This move came after Madoff and his wife allegedly transferred assets valued over $1 million to friends and family in violation of his bail agreement. Initially, prosecutors were fine with Madoff rem...

The list of Ponzi ponce Bernie Madoff's victims grows ever longer, and ever famouser. Kevin Bacon and his beautiful wife Kyra Sedgwick! And poor, impoverished New York University. New York Mag tells us (by way of our faraway brother that we only see on holidays Defamer ) that Bacon Brothers frontman...

Who Amongst Us Has Not Been The Victim Of Some Type Of Fraud? Ever play 3-card Monti, shoot a game of nine ball against a hustler, play poker with two guys tipping each other off, buy tickets to a game from a scalper only to find out they are not real? There are few of us that have not had a scam of...

Sad Postscript In a sad commentary to the Madoff ripoff, the first suspected suicide took place on Monday night as a fund manager took his life after having reportedly been distraught over the vast sums lost by his hedge fund. Thierry Magon de la Villehuchet, co-founder of money manager Access Inter...

A hedge fund manager, Rene-Thierry Magon de la Villehuchet, who invested $1.4 billion in Madoff's $50billion Ponzi scheme was found dead by apparent, movie-style, suicide. Reports Dealbook: He was found with wounds to his arms, with one leg propped up on the desk and a trash can nearby to catch bloo...